Over the course of a 30 year career, Mr. Zarrilli has served as CEO and CFO of both publicly traded and privately held technology companies. He also has substantial board governance experience having served on four other publicly traded enterprises over the last 15 years. Mr. Zarrilli joined Safeguard as its CFO in 2006.Mr. Boni led Safeguard as the Company exited non-strategic legacy businesses and deployed approximately $315 million into two-dozen high growth situations. Three of Safeguard’s partner companies completed initial public offerings and large-cap strategic buyers including Oracle, Eli Lilly, Shire, McKesson and GE Healthcare acquired others. These exits generated approximately $643 million. At the same time, Safeguard improved its debt to equity ratio and built its net cash position to record levels. “The satisfaction I’ve gained from growing Safeguard and its roster of high-potential partner companies is exceeded only by my immense pleasure from working with the board, Steve and the rest of the Safeguard team,” Mr. Boni said. “While I may be retiring from Safeguard, I have more in the tank and look forward to identifying new ways to contribute. I’m also looking forward to spending more time with my growing family and young grandchildren.” About Safeguard Scientifics Founded in 1953 and based in Wayne, PA, Safeguard Scientifics, Inc. (NYSE: SFE) provides growth capital for entrepreneurial and innovative life sciences and technology companies. Safeguard targets life sciences companies in Molecular and Point-of-Care Diagnostics, Medical Devices, Regenerative Medicine, Specialty Pharmaceuticals and selected healthcare services, and technology companies in Internet / New Media, Financial Services IT, Healthcare IT and selected business services with capital requirements of up to $25 million. Safeguard participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations and early-stage financings. For more information, please visit our website at www.safeguard.com or our blog ( blog.safeguard.com). Forward-looking Statements Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. The risks and uncertainties that could cause actual results to differ materially include, among others, managing rapidly changing technologies, limited access to capital, competition, the ability to attract and retain qualified employees, the ability to execute our strategy, the uncertainty of the future performance of our companies, acquisitions and dispositions of companies, the inability to manage growth, compliance with government regulations and legal liabilities, additional financing requirements, the effect of economic conditions in the business sectors in which our companies operate, and other uncertainties described in the Company's filings with the Securities and Exchange Commission. Many of these factors are beyond our ability to predict or control. As a result of these and other factors, our past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this news release.